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Banking Vocabulary Crossword
Down
:
1) to put money into a Credit Union or Bank account.
2) The place on a check where you note the reason for the expenditure
3) This plastic card looks like a credit card, but it is used to withdraw money from a savings or checking account. When you use a debit card at Automatic Teller Machines or in stores to make purchases, money is immediately withdrawn from your account. You cannot withdraw more money than you have in the account.
4) the amount an account is overdrawn
6) An arrangement that authorizes periodic withdrawals to be made from a checking or savings account to pay bills, usually regular monthly payments such as for rent or mortgages.
7) This booklet is usually kept in your checkbook, and you use it to keep track of all the deposits, withdrawals, and checks you write. After you write each in your register, you subtract or add the amount to your checking account balance. If you keep your register up-to-date, you will always know how much money you have in your checking account.
9) to take money out of an account
10) the recording or an entry of debt in an account.
14) a form to be filled out by an applicant,
15) being a member of or having membership in an association, organization
17) These letters stand for Automatic Teller Machine. This is an electronic machine that enables people to take care of Credit Union business 24 hours a day, 7 days a week. You can deposit and withdraw money, pay loans, etc.,
22) a written order, usually on a standard printed form, directing a bank to pay money
23) any deposit or sum of money against which a person may draw
Across
:
5) someone who owns stock in a company
8) A bank account in which checks may be written against amounts on deposit.
11) a phrase that means you did not have enough money to cover an expense. Usually checks that bounce are returned stamped with the phrase, "insufficient funds." The amount of the check was larger than the balance in the checking account.
12) a person or business to whom a check is payable
13) A loan, usually held by a financial institution, for property such as a house or business.
16) account for all money that came into and went out of your account, so that at the end of the month you and your Credit Union or Bank statement agree
18) to draw upon in excess of the balance available
19) a slip for listing deposits made to a bank account.
20) A running balance is the total of funds that are present in a given account
21) any action that effects the balance of an account
24) a person or organization that uses a commodity or service
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